BTC and ETH Short Positions Lead to $8.6M Loss for Whale Trader 0x5D2F

Gate News bot message, during the recent market uptrend, whale trader 0x5D2F recorded significant losses on short positions in BTC and ETH, totaling over $8.6 million.

In response to the market movement, the trader deposited 8 million USDC to increase margin and prevent liquidation. The current positions held by 0x5D2F include short positions of 2,041 BTC (valued at $236 million) and 500 ETH (valued at $2.25 million).

BTC0.72%
ETH2.72%
USDC0.01%
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